Mask & Wig Club of the University of Pennsylvania

Analysis

Mask & Wig Club of the University of Pennsylvania is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1950, 76 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mask & Wig Club of the University of Pennsylvania reported income of $588k and spending of $487k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $393k to $588k (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 190%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mask & Wig Club of the University of Pennsylvania sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Whole World Theater Company ($587k), Wild Up ($588k) and Albany Pro Musica Inc ($587k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.9% and program service revenue 50% of the total. Other salaries and wages came to $62k. At year end it held assets of $5.1m against liabilities of $27k, net assets of $5.0m. It reported 8 employees.